Startup Systems
systems that power startups
Startup Systems
Take, for example, the ambition to “make your venture-backed startup profitable”: to develop, market, and distribute a product or service that’s never existed before, in a form that’s valuable and accessible enough for large numbers of people to want to pay you for it, in sufficient quantity that your revenue consistently exceeds your costs.
If... See more
If... See more
Gena Gorlin • The Psychological Needs of the Extremely Ambitious
Joining an early-stage startup means that resources are scarce, process is non-existent, and goals shift by the day. And tried-and-true playbooks will only go so far, as what works in a big company doesn’t always easily port over to a small startup setting.
How to Scale Yourself Down
Pick a customer instead of an idea: “One of the best pieces of advice I ever got was that when you're starting a company, you often think you're picking an idea, but you're really picking a customer. It's actually pretty easy to change your idea, but it’s way harder to change the customer you're serving,” says Agrawal.
Superhuman
Eight marketing maxims
- Trust is worth more than attention.
- Helping people get to where they seek to go is more effective than hustling people to persuade them to go where you’re going.
- Choose your customers, choose your future.
- Tell ten people. If they don’t tell the others, make a better product.
- Creating the conditions for the word to spread is the
Eight marketing maxims
“Working on a startup is like riding a broken bicycle. You have to both ride and fix it at the same time.”
How We're Working Without Managers at Buffer
You can do what's called the board mission pledge where the people on your board are required as a condition of being on your board to pledge that they'll use their business judgment under Delaware law to support the mission, not just the narrow interest of shareholders. You can build, we call it an LTSPV, which is basically a financing instrument... See more
Reflections on a movement | Eric Ries (creator of the Lean Startup methodology)
If you’ve ever worked at a fast-growing startup, you’re probably familiar with the concept of “technical debt.” Code is scrappily thrown together so that the product can function. It’s done with the understanding that this debt will accumulate and eventually cause things to break if not addressed down the line.
Something similar can also happen... See more
Something similar can also happen... See more
